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US-based Pioneer Investment fund has passed 1 million percent in cumulated yields wince its founding in February, 1928.
In dollar terms, this means that anyone who invested $1,000 in Pioneer’s ‘A’ series papers would have had $10.73 million at the en dof last year, assuming the reinvestments of all dividends and capital gains.
In contrast, investing in the Standard & Poor's 500 stock exchange would have produced 190,953.36% yields, Pioneer said.